iPhone sales in India up by 51% YoY

During the Q3 earnings call, Tim Cook talked about the Indian market, stating that iPhone sales in the country have grown 51% from the same period in 2015.

The uptick in sales means that India is now one of Apple’s fastest growing markets:

India is now one of our fastest growing markets. In the first three quarters of this fiscal year, iPhone sales in Indian were up 51% year-on-year. We just announced a first-of-its-kind design and development accelerator to support Indian developers creating innovative applications for iOS, and we opened a new office in Hyderabad to accelerate Maps development.

We’re looking forward to opening retail stores in India down the road and we see huge potential for that vibrant country.

Cook did not provide a country-wise breakdown of sales, but Apple as a whole sold 40.4 million iPhones globally in Q3.

While iPhones are seeing a steady growth in India, Apple is facing a lot of hurdles in the country. The Indian government rejected the company’s bid to offer refurbished iPhones, and Apple has encountered several challenges in getting its retail stores to India off the ground in the country.